RETURNS

2.42 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1.61 %

Benchmark

CRISIL Short Term Bond Fund TR INR

Asset Size

547.61 Cr.

Risk

Moderately High

Objective

To provide capital appreciation and income distribution to the investors by using a blend of equity derivatives strategies, arbitrage opportunities and pure equity investments.

Fund manager

Satyabrata Mohanty

(since 28 Nov, 2014)

Exit load

1 %

(If redeemed within 365 days)

Minimum sip

₹ 1000

minimum investment

₹ 1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Itc_(27/12/2018)

5.09 %

ITC Ltd

5.07 %

IDFC Bank Limited

3.72 %

Hdfc_(27/12/2018)

3.62 %

Sector Allocation

About the Scheme Type

Equity Savings

Equity Savings Mutual Funds are an open ended fund scheme which try to balance risk and returns by investing in equities, arbitrage trades and fixed income securities. These are low risk funds given that the use of derivatives reduces the net equity exposure to 35 percent, thereby protecting investors from volatility. These funds are treated at par with equity funds for taxation purposes, because their gross equity exposure is more than 65%. The equity portion of the scheme opens the scheme for higher returns, while its debt component outlays stability to the returns.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun
Life Asset Management Company Limited), the investment
manager of Aditya Birla Sun Life Mutual Fund (formerly known as
Birla Sun Life Mutual Fund), is a joint venture between the Aditya
Birla Group and the Sun Life Financial Inc. of Canada. The joint
venture brings together the Aditya Birla Group's experience in the
Indian market and Sun Life's global experience.
Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in
1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL)
and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun
Life Mutual Fund is one of the leading Fund Houses in India based
on domestic average AUM as published by the Association of
Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has
total domestic assets under management (AUM) of close to Rs.
2423 billion (Quarter ended December 31st, 2018). The fund
house has an extraordinary mix of reach, a wide range of product
offerings across equity, debt, balanced as well as structured asset
classes and sound investment performance, with around 6.8
million investor folios (as of December 31st, 2018).